Economy
PetroVietnam Gas South JSC (PGS) has decided to buy out the Vietnam LPG Co Ltd (VT-Gas) for VNĐ1,000 (US$0.043).
Economy
The State Treasury last week raised VNĐ5 trillion (US$216.6 million) through bond issuance with interest rates losing 11-37 basis points per annum on four terms.
Economy
Supermarkets in HCM City have worked with suppliers to ensure there is sufficient supply of goods at steady prices for the next two to three months, diminishing public fear of shortages.
Economy
Việt Nam’s benchmark VN-Index plummeted 6.28 per cent on Monday, its worst daily loss in the last 19 years, as investors were alarmed with widespread slumps on the global markets.
Economy
The Bank for Investment and Development of Vietnam (BIDV) has cleared all non-performing loans it had previously sold to the Việt Nam Asset Management Company (VAMC), the bank’s chairman Phan Đức Tú said.
Economy
Việt Nam imported nearly 66,000 tonnes of meat in the first two months of this year, according to the Ministry of Agriculture and Rural Development.
Economy
The number of detections of web threats in Việt Nam fell by more than 30 per cent last year compared to 2018, with 75 million different Internet-borne cyberthreats, according to Kaspersky Security Network (KSN) 2019.
Economy
A number of commercial banks have lowered their interest rates on savings accounts by 0.1-0.4 percentage points in order to offer loans at a lower interest rate to businesses and individuals affected by the Covid-19 outbreak.
Economy
VNPT will build an intelligent operation centre (IOC) in the Central Highlands province of Kon Tum and expects to put it into operation in October.
Economy
Việt Nam is forecast to lose some 0.41 per cent of GDP due to the novel coronavirus (COVID-19) outbreak, according to the latest report of the Asian Development Bank (ADB).
Economy
More than US$480 million worth of foreign direct investment (FDI) was poured into HCM City during the first two months of the year, which was equal to 47 per cent of FDI in the same period last year.
Economy
The Russian Federal Service for Veterinary and Phytosanitary Surveillance (VPSS) has allowed the import of Việt Nam’s processed chicken into Russia, according to the Ministry of Agriculture and Rural Development’s Department of Animal Health on Sunday.
Economy
Global gold prices pushed above the US$1,700 per ounce level for the first time since late 2012 on Monday, when local gold prices also soared.
Economy
Amid the coronavirus epidemic, many textile businesses in Viet Nam have shifted to producing antibacterial masks to serve market demand.
Economy
Việt Nam plans to develop an early warning system for trade defence by 2020, aiming to promote sustainable exports.
Economy
According to the International Finance Corporation, companies with good corporate governance report their return-on-equity ratios are three times the ratios at worse-governed companies
Economy
Shrimp is a key export item of many provinces in the Cửu Long (Mekong) River Delta, but the Covid-19 epidemic has caused challenges for exporters.
Economy
Support packages from the Government and banks would contribute to partly reducing difficulties for enterprises affected by COVID-19, but stronger measures should be taken for the most hard-hit industries, experts said.